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Carlyle's bet on DuPont's auto paint unit pays handsomely

NEW YORK -- When Carlyle Group orchestrated a $4.9 billion buyout of DuPont Co.'s auto-paint business in 2013, competitors said the private equity firm overpaid. Three years later, Carlyle has reaped its second-biggest profit ever on the deal. Carlyle on Tuesday sold its remaining stake in Axalta Coating Systems, previously known as DuPont [...]

Qatar Earthmoving Equipment Market to Grow at 5% Till 2021: TechSci Research Report

NEW YORK, August 5, 2016 /PRNewswire via COMTEX/ -- NEW YORK, August 5, 2016 /PRNewswire/ -- Increasing construction activities and upcoming mega sports events coupled with favorable government initiatives to drive Qatar earthmoving equipment market through 2021  According to TechSci Research report, "Qatar Earthmoving Equipment Market By Type, [...]

Magna seeks tech cred as Tesla, Google encroach on auto turf

The head of Magna International Inc. says investors who've been dumping shares in North America's second-largest auto parts maker are overlooking a burgeoning growth driver at the Canadian company -- technology. Magna stock has slumped 31 percent over the past 12 months to a market value of about $15 billion (C$19.5 billion). That's left the [...]

Magna Q2 profit jumps on strong vehicle output, sales in N.A., Europe

UPDATED: 8/5/16 12:16 pm ET - adds details Canadian auto parts maker Magna International Inc. reported a 3.7 percent rise in quarterly profit, helped by strong vehicle output and sales in North America and Europe. Net income from continuing operations rose to $558 million in the second quarter ended June 30, from $538 million a year earlier. Sales [...]

Qatar athletes seek ‘home’ support

Qatar athletes seek ‘home’ support

President of Qatar Olympic Committee HE Sheikh Joaan bin Hamad Al Thani is seen with the Qatari athletes at the Olympic Games Village in Rio de Janeiro. RIO DE JANEIRO: Qatar’s star shooter Nasser Saleh Al Attiyah has sought ‘home’ support as the veteran Olympian prepares for action here in the Brazilian capital.Al Attiyah will join 38 [...]

Forget PSG, Qatar is watching Belgium’s Eupen

Fahad Al Abdul Rahman is a Qatari player who plays for Belgian First Division A side K.A.S. Eupen on loan from Al Sadd SC and for the Qatar national under-23 football team.Doha: With the resumption of 2018 World Cup qualifiers on September 1 and a possible La Liga debut for the country’s brightest young star, it’s a big few weeks for Qatar.But [...]

Qatar auditors participate in IIA’s 75th anniversary

Qatar auditors participate in IIA’s 75th anniversary

Hassan Al Mulla and Sundaresan Rajeswar seen with Angela Witzany, Chairman of the global IIA Board. DOHA: Three board members of The IIA Qatar attended the 75th Anniversary celebrations of The Global Institute of Internal Auditors held at an international conference in New York recently.The conference theme was “Celebrating our Past, Inspiring [...]

Qatar Olympic Committee welcomes world of sport to Bayt Qatar

Qatar Olympic Committee welcomes world of sport to Bayt Qatar

Qatar Olympic Committee (QOC) President H E Sheikh Joaan bin Hamad Al Thani and guests look at Qatar’s Supreme Committee scaled model in Rio De Janeiro in Brazil. Rio de Janeiro: The Qatar Olympic Committee (QOC) has officially opened Bayt Qatar in Rio de Janeiro with a reception attended by QOC President H E Sheikh Joaan bin Hamad Al Thani [...]

Qatar’s Commercial Bank launches finger vein authentication with NCR solutions

BBR Staff Writer Published 05 August 2016 NCR has announced that The Commercial Bank, Qatar’s first private bank, has become the first bank in the country to introduce finger vein authentication technology powered by an innovative solution from NCR and 01 Systems to speed-up authentication and accelerate ATM transactions making every customer [...]

Fatah Makes Incendiary Facebook Claim of Killing 11,000 Israelis

By DIAA HADID August 4, 2016 JERUSALEM — In an effort to appeal to Palestinians ahead of hotly contested elections, the party of President Mahmoud Abbas listed one of its main achievements as having “killed 11,000 Israelis.” The party, Fatah, made the incendiary claim on Tuesday in an Arabic-language post on one of its official [...]

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